Add-on Acquisition • Information Technology

WalkMe Acquires Zest

On April 20, 2021, WalkMe acquired information technology company Zest

Acquisition Context

This is WalkMe’s 1st transaction in the Information Technology sector.
This is WalkMe’s 2nd transaction in Israel.

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M&A Deal Summary
Date	April 20, 2021
Target	Zest
Sector	Information Technology
Buyer(s)	WalkMe
Deal Type	Add-on Acquisition

Target Company

Zest

Ramat, Israel

Zest provides a fast and efficient mechanism for retrieving any document, file, contact, or record from the cloud. Zest's AI-driven search leverages NLP (Natural Language Processing) to create an on-demand, graph database. This increases the predictability of user search for faster, more relevant results. Zest was formed in 2018 and is based in Ramat, Israel.

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Buyer Overview 1

Buyer

WalkMe

San Francisco, California, United States

Category	Company
Founded	2011
Sector	Internet Software and Services
Revenue	267M USD (2023)

DESCRIPTION

WalkMe is a cloud based guidance and engagement platform that helps businesses to simplify the online experiences. WalkMe was founded in 2011 and is based in San Francisco, California.

Deal Context for Buyer	#
Overall	4 of 4
Sector: Information Technology	1 of 1
Type: Add-on Acquisition	4 of 4
Country: Israel	2 of 2
Year: 2021	1 of 1

PREVIOUS DEAL

DATE	TARGET	DEAL TYPE	VALUE
2018-06-20	DeepUI United States MeshRose Ltd. is a developer of patented machine learning technology to understand any business software at the graphical user interface (GUI) level, without the need for an application programming interface (API). MeshRose Ltd. was founded in 2014.	Buy	-

DATE

TARGET

DEAL TYPE

VALUE

2018-06-20

DeepUI

United States

MeshRose Ltd. is a developer of patented machine learning technology to understand any business software at the graphical user interface (GUI) level, without the need for an application programming interface (API). MeshRose Ltd. was founded in 2014.

Buy

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